1. 1.so you start out like this 2. 2.then upon validating the user is actually in the list of trusted contacts it takes you to this page 3. 3.and then the final page is this. I ask people to confirm the name and bank they’re sending from so I can make sure it’s not fraud/3PP and identify the payment quicker, there’s also an optional notes field 4. 4.so for example if I submitted the form like this ^ 5. 5.I’d get this notification 6. 6.so like I was saying the buyer gets presented with a page like this after submitting the trade field, it shows them the amount to send to and the bank details 7. 7.and then I get a telegram notification like this

it basically cuts out all the back and forth where people ask “are you available” and then “can i buy” and then i have to ask how much and then they have to ask what the rate is and then etc etc I get one notification providing the incoming payment info and the address to send to, so then as soon as payment is confirmed I can just send directly to their wallet. like I mentioned in the group it would be technically possible to automate this even further but the banks I’m using don’t have decent APIs to handle incoming payments and I’m not super comfortable with the idea of running wallet software with my keys stored on a publicly accessible webserver. this isn’t a replacement for LM, there’s no escrow or crypto wallet services. it would basically be just an optimization of the intial trade setup between a buyer and a seller directly. there’s legal issues with me operating an exchange or escrow service directly but there’s no reason I couldn’t work as a freelance web dev and sell my code to people who are. the seller/market maker would have to host it themselves on their own domain (or I can provide it as a managed service where I setup all the web shit for them and they just have access to an admin console to manage trades)I wouldn’t be able to setup a site where multiple vendors trade or have accounts. as it stands right now there’s no accounts, the only “vendor” is myself and the only people who can open trades are my trusted buyers. I still have to manually handle all the settlement and when I want to change things I have to actually modify hardcoded values in the code, there’s no support for another seller for example to set their own terms or anything. but if that’s something people are interested in I could build out an admin dashboard and help set it up for other people. but it would be one instance per person, not a shared website. so each trader would have to have their own domain

(From the creator, not me)

    • @tusker
      link
      325 days ago

      Yea it is pretty bad, please just use a PC.